Which of the following is a nominal quantity?
A) The number of people unemployed
B) The current price of a barrel of oil
C) The number of cars produced in 2017
D) The amount of coal mined in one month
Correct Answer:
Verified
Q22: The CPI in year one equaled 1.55.
Q23: The CPI in 1974 equaled 0.49. The
Q24: If the CPI equaled 1.43 in 2008
Q25: A measurement in terms of current dollar
Q26: Which of the following is a real
Q28: Inflation is a measure of the _
Q29: A nominal quantity is measured:
A)in physical terms.
B)in
Q30: The annual percentage rate of change in
Q31: The CPI in 1930 equaled 0.17. The
Q32: A price index measures:
A)the price of specific
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